Road, rail and mining sector rehabilitation project, Democratic Republic of Congo
Name and location
Road, rail and mining sector rehabilitation project, Democratic Republic of Congo (DRC).
Project description
Under a draft accord signed between China and the DRC, China plans to lend the DRC $5-billion to upgrade its ageing infrastructure and deteriorating mining sector.
Of the $5-billion total, $3-billion, to be loaned in a first phase, will cover big infrastructure projects, including a 3 400-km highway between the north-eastern city of Kisangani and Kasumbalesa on the DRC's southern border with Zambia. It also will cover construction of a 3 200-km railway to link the country's southern mining heartland to its western port of Matadi, with access to the Atlantic. The first phase also covers plans to construct 31 hospitals, 145 health centres, and two universities.
The remaining $2-billion will go towards rehabilitating the DRC's mineral-rich, crumbling mining infrastructure and setting up joint ventures in the mining sector.
Value
$5-billion. The repayment terms of the loan include mining concessions and toll revenue deals to be given to Chinese companies.
Duration
A timeframe for the project has not been disclosed.
Breakdown of main contracts
Not stated.
Client
The government of the DRC.
Latest developments
None stated.
Participants
None stated.
Construction materials
Not stated.
On budget and on time?
Not stated.
Contact details for project information
The Embassy of the DRC, Pretoria,
South Africa, tel+27 12 344 6475/6.
Article Enquiry
Email Article
Save Article
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...
VISIT SHOWROOM
Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
